mergers-and-acquisitions
Top StoriesSpain’s criteria drops takeover plan for naturgy with abu dhabi’s TAQA
Top StoriesSpain’s BBVA seeks ECB go-ahead for sabadell hostile bid, source says
Top StoriesHess shareholders sign off on $53 billion sale to chevron
Top StoriesRio tinto had considered a bid for BHP-target anglo American, AFR reports
STOXX 600 ends at record high; BBVA weighs on spain
Date: May 9, 2024
STOXX 600 ends at record high; BBVA weighs on Spain By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index inched up to close at a record high on Thursday, driven by a jump in industrial stocks, while shares of Spanish bank BBVA hit a two-month low after announcing a hostile takeover bid for...
Satellite firm SES to buy intelsat for $3.1 billion, debt concerns sink shares
Date: April 30, 2024
Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would create a major European player but raised investor concerns around debt, sending the buyer’s shares to a record low. European...
Morgan Stanley, HSBC cutting asia investment banking jobs on China deals slowdown
Date: April 18, 2024
Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown (This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region this week, sources said, as they ramp up cost-cutting,...
Vivendi’s canal+ makes mandatory buyout offer for south africa’s MultiChoice
Date: April 8, 2024
Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice By Nqobile Dludla JOHANNESBURG (Reuters) -French media group Vivendi’s Canal+ made an all-cash mandatory offer on Monday to buy all the shares of South African broadcaster MultiChoice it does not already own for 35 billion rand ($1.9 billion), both companies said. That offer at 125...
Talgo’s top shareholder in talks with stadler over takeover bid, report says
Date: March 25, 2024
Talgo’s top shareholder in talks with Stadler over takeover bid, report says MADRID (Reuters) – Talgo’s top shareholder is in talks to sell its 40% stake in the Spanish train maker to Swiss rival Stadler Rail as an alternative to a tender offer from Hungary’s Ganz-Mavag consortium, El Economista newspaper reported on Monday, citing unidentified...
M&A may breathe new life into europe’s neglected telecoms
Date: March 1, 2024
M&A may breathe new life into Europe’s neglected telecoms By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the battered sector in the spotlight, as consolidation could help boost profit margins. European telecoms stocks are at fresh record lows relative to the market after years of...